Wolters Kluwer (WTKWY) Projected to Announce Earnings on Wednesday

Wolters Kluwer (OTCMKTS:WTKWY) is expected to be issuing its resultson Wednesday, August 5th. Analysts expect Wolters Kluwer to post earnings of $3.16 per share and revenue of $3.5030 billion for the quarter.

Wolters Kluwer Trading Up 7.2%

Shares of Wolters Kluwer stock opened at $82.10 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 4.92. Wolters Kluwer has a twelve month low of $63.22 and a twelve month high of $162.78. The company has a 50-day simple moving average of $69.76 and a two-hundred day simple moving average of $76.95.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Wolters Kluwer in a report on Thursday, April 9th. Zacks Research upgraded Wolters Kluwer from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group initiated coverage on Wolters Kluwer in a research report on Wednesday, June 3rd. They set a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Wolters Kluwer presently has a consensus rating of “Moderate Buy”.

About Wolters Kluwer

Wolters Kluwer is a global information services and software company that provides professional information, software solutions and related services to customers in the health, tax & accounting, governance, risk & compliance, and legal sectors. Headquartered in the Netherlands, the company operates internationally and its shares are listed on Euronext Amsterdam; its American Depositary Receipts trade on the OTC market under the symbol WTKWY.

The company’s offerings center on subscription-based digital products and workflow tools designed to help professionals make decisions, meet regulatory requirements and improve operational efficiency.